Bitcoin V-turn breaks through $66,000, Ethereum is weak! Grayscale ETHE had a net outflow of US$300 million yesterday

This site (120bTC.coM): After Bitcoin hit a low of $63,450 at 10 o'clock last night, it started a rapid rebound. At the time of writing, Bitcoin is currently trading at $66,438, up 2.85% in the past 24 hours. Perhaps it has something to do with the fact that at the current Bitcoin conference, many institutions, including BlackRock, expressed their optimism about BTC.

Ethereum once fell below US$3,100

However, the Ethereum part is still much weaker. It once dropped to US$3,087 this morning. Although it rebounded to US$3,196 at the time of writing, it still fell 1.67% in the past 24 hours.

The reason for the weakness is most likely related to the Ethereum spot ETF. According to Nasen monitoring, nine Ethereum ETFs had a net outflow of US$220 million yesterday (25th), of which Grayscale’s ETHE had an outflow of over US$300 million, setting the largest sell-off since trading was opened.

Performance of the top ten tokens

The other top ten tokens have seen mixed gains and losses. The biggest riser is DOGE, which has risen 2.69% in the past 24 hours; the biggest faller is TON, which has fallen 1.66% in the past 24 hours. , compared with yesterday, the fluctuations have eased.

USD 230 million has been liquidated across the entire network in the past 24 hours

According to Coinglass data, approximately US$230 million has been liquidated across the entire cryptocurrency network in the past 24 hours, and more than 63,000 people have been liquidated (long positions account for nearly US$170 million) .

The above is the detailed content of Bitcoin V-turn breaks through $66,000, Ethereum is weak! Grayscale ETHE had a net outflow of US$300 million yesterday. For more information, please follow other related articles on the PHP Chinese website!